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PS. Cryptocurrency is no joking ground and it is still developing when you are in it either you gain or you lose. It is very important to know how to navigate it personal security should be of optimal level. Go through educational books and videos. Protect you personal details like your private keys and so on.
We all want cryptocurrency to grow but work needs to be done
You are right. Whereas we hear a lot of complaints from newbies who often blame for being caught in fraud, hacking cases, and losses due to lack of knowledge of market analysis, just trapped in FOMO and following mass hysteria. Even though it was their own fault for not wanting to learn the cryptocurrency ecosystem first.
How beneficial and disadvantageous it depends on our attitude in maintaining the circulation of funds in cryptocurrency. Understand the risks and do your best to prevent hacking.